Technicals: I waited for a pullback to get back in a short but was aware it might not be a reversal trade as it can normally be at this time of the day as OPEC has announced they are likely to cut production at their next meeting and oil went up 2%
I therefore entered S! at 77.38, was intending to add if it retraced up to 49 but it never did
Outcome: Win. I initially had a target at 76.88 butI brought it up to 77.11 VAL as I feared we would struggle to get further down
Post mortem: Win. #18. Make a little bit every day. Dig your ditches, don't fill them.
Execution detail:
Date/time | Symbol | Side | Price | Position |
---|---|---|---|---|
2022-11-28 18:01:14 | CLF3 | sell | $77.38 | short |
2022-11-28 18:16:43 | CLF3 | buy | $77.11 | 0 |
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